Tuesday, November 5, 2024

Vana Launches DAO Permitting Customers To Management and Promote Their Reddit Information

The Reddit Information DAO will supply tokenized incentives to customers contributing knowledge, creating AI fashions, and offering computation to the mission.

A brand new DAO desires to assist Reddit customers monetize their knowledge to be used in coaching AI fashions.

On April 3, Vana, a decentralized community internet hosting “user-owned datasets and fashions,” introduced the launch of Reddit Information DAO on prime of its community. The DAO plans to incentivize Reddit customers to contribute their remark historical past to a pooled dataset, which may then be bought to AI firms following a group vote.

“This isn’t accomplished in coordination with Reddit, and is an enormous deal for the group given Reddit’s personal makes an attempt to promote consumer knowledge,” Vana mentioned. “The broad concept is to free consumer knowledge from the main platforms that search to hoard/monetize it.”

Vana mentioned it already hosts a million customers who’re actively creating private knowledge fashions through the platform, whereas their open API is attracting a budding ecosystem of builders constructing AI purposes.